[Form 4] OLD DOMINION FREIGHT LINE, INC. Insider Trading Activity
Rhea-AI Filing Summary
OLD DOMINION FREIGHT LINE, INC. Executive Chairman David S. Congdon reported a Form 4 showing a bona fide gift of 295,670 shares of common stock. The shares were transferred from the Audrey Congdon Irrevocable Trust #1 FBO Megan Oglesby, where he is trustee, leaving that trust with no remaining shares.
The filing also updates indirect ownership balances across multiple trusts, a 401(k) plan, and revocable and irrevocable trusts associated with Congdon and family members. All reported positions are indirect, and the gift represents a non-market transfer rather than an open‑market sale or purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 295,670 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
Key Figures
Key Terms
bona fide gift financial
indirect ownership financial
401(k) plan financial
Irrevocable Trust financial
GRAT financial
FAQ
What insider transaction did ODFL Executive Chairman David S. Congdon report?
David S. Congdon reported a bona fide gift of 295,670 shares of Old Dominion Freight Line common stock. The transfer was made from an irrevocable trust where he serves as trustee and was reported as an indirect, non-market disposition on Form 4.
How is David S. Congdon’s ownership in ODFL characterized in this Form 4?
All positions in this Form 4 are reported as indirect ownership. The shares are held through various vehicles, including a 401(k) plan, family trusts, and revocable and irrevocable trusts where Congdon or family members act as trustees or co‑trustees.
Does the Form 4 for ODFL include any option exercises or derivative transactions?
No derivative transactions are listed in this Form 4. The derivative summary shows no option or warrant exercises, and the only non-holding transaction recorded is the bona fide gift of 295,670 common shares from an indirectly owned trust position.